DBRS Discontinues Arbor Realty Commercial Real Estate Notes 2016-FL1, Ltd.

DBRS Limited (DBRS) discontinued the ratings of the Floating Rate Notes issued by Arbor Realty Commercial Real Estate Notes 2016-FL1, Ltd. as the Trust was terminated with the June 2019 remittance, following the repayment of the remaining loans in the transaction. This concludes DBRS’s surveillance of this transaction.

Notes:
The principal methodology is North American CMBS Surveillance Methodology, which can be found on www.dbrs.com under Methodologies & Criteria. For a list of the structured-finance-related methodologies that may be used during the rating process, please see the DBRS Global Structured Finance Related Methodologies document, which can be found on www.dbrs.com in the Commentary tab under Regulatory Affairs. Please note that not every related methodology listed under a principal structured finance asset class methodology may be used to rate or monitor an individual structured finance or debt obligation.

The rated entity or its related entities did participate in the rating process for this rating action. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.

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